Major League Baseball

Former Reds owner dies at 92

Published Oct. 18, 2011 1:00 a.m. ET

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Cincinnati financier and entrepreneur Carl Lindner Jr., often listed among the richest people in America, died Monday night at the age of 92.

Paramedics were called to his home in Indian Hill, Ohio, on Monday morning after he had trouble breathing, The Kentucky Post reported.

He was taken to the hospital after suffering cardiac arrest and later died.

Lindner, a former owner of baseball's Cincinnati Reds, helped expand his family's dairy business into the United Dairy Farmers chain, which had more than 200 stores, but became a billionaire via the banking and insurance business, Cincinnati.com reported.

As of 2010, Forbes magazine estimated Lindner's business interests were worth $1.7 billion.

His most public role was as owner of the Reds, a post he held from 1999 to 2005, during which time he approved the trade for Ken Griffey Jr.

Lindner was married with three children, according to local TV station WLWT.

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